Baselworld Annual Watch Fair 201310 pictures

An employee cleans a display of wristwatches at the Tudor booth during the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to...More

An employee cleans a display of wristwatches at the Tudor booth during the...An employee cleans a display of wristwatches at the Tudor booth during the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to show their new wares to more than 100,000 visitors. Photographer: Gianluca Colla/Bloomberg via Getty ImagesLessMore

Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair...More

Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news...Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to show their new wares to more than 100,000 visitors. Photographer: Gianluca Colla/Bloomberg via Getty ImagesLessMore

Nick Hayek, chief executive officer of Swatch Group AG, speaks during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair...More

Nick Hayek, chief executive officer of Swatch Group AG, speaks during a news...Nick Hayek, chief executive officer of Swatch Group AG, speaks during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to show their new wares to more than 100,000 visitors. Photographer: Gianluca Colla/Bloomberg via Getty ImagesLessMore

Nick Hayek, chief executive officer of Swatch Group AG, speaks during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair...More

Nick Hayek, chief executive officer of Swatch Group AG, speaks during a news...Nick Hayek, chief executive officer of Swatch Group AG, speaks during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to show their new wares to more than 100,000 visitors. Photographer: Gianluca Colla/Bloomberg via Getty ImagesLessMore

Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair...More

Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news...Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to show their new wares to more than 100,000 visitors. Photographer: Gianluca Colla/Bloomberg via Getty ImagesLessMore

Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair...More

Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news...Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to show their new wares to more than 100,000 visitors. Photographer: Gianluca Colla/Bloomberg via Getty ImagesLessMore

Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair...More

Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news...Nick Hayek, chief executive officer of Swatch Group AG, pauses during a news conference to launch the Sistem51 automatic watch movement at the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to show their new wares to more than 100,000 visitors. Photographer: Gianluca Colla/Bloomberg via Getty ImagesLessMore

Thierry Conus, director of research and development at ETA SA Manufacture Horlogere...Thierry Conus, director of research and development at ETA SA Manufacture Horlogere Suisse, left, Nick Hayek, chief executive officer of Swatch Group AG, and Carlo Giordanetti, creative director of Swatch Group AG, attend a news conference to launch the Sistem51 automatic watch movement, during the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to show their new wares to more than 100,000 visitors. Photographer: Gianluca Colla/Bloomberg via Getty ImagesLessMore

Nayla Hayek, chairwoman of Swatch Group AG, listens during a news conference to launch the Sistem51 automatic watch movement during the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts...More

Nayla Hayek, chairwoman of Swatch Group AG, listens during a news conference to...Nayla Hayek, chairwoman of Swatch Group AG, listens during a news conference to launch the Sistem51 automatic watch movement during the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to show their new wares to more than 100,000 visitors. Photographer: Gianluca Colla/Bloomberg via Getty ImagesLessMore

Thierry Conus, director of research and development at ETA SA Manufacture Horlogere...Thierry Conus, director of research and development at ETA SA Manufacture Horlogere Suisse, left, Nick Hayek, chief executive officer of Swatch Group AG, and Carlo Giordanetti, creative director of Swatch Group AG, attend a news conference to launch the Sistem51 automatic watch movement, during the Baselworld watch fair in Basel, Switzerland, on Thursday, April 25, 2013. The annual fair attracts 2,000 companies from the watch, jewelry and gem industries to show their new wares to more than 100,000 visitors. Photographer: Gianluca Colla/Bloomberg via Getty ImagesLessMore